On Monday, President Donald Trump signed a new executive order extending the deadline for imposing higher tariffs on Chinese imports until November 10. This move is the latest in an ongoing series of negotiations between the U.S. and China to resolve long-standing trade imbalances and address national security concerns. Earlier this year, the two nations ended a years-long tariff tit-for-tat …
Peanut Market Update: No New Contracts, Tariff Uncertainty, and Yield Concerns Impact 2025 Outlook
The U.S. peanut market remains unusually quiet in both domestic and international trade, as farmers and brokers alike await key announcements that could shape the rest of the season. No new peanut contracts have been issued so far this season, and that’s creating growing concern among growers who are still working off the limited contracts from earlier in the year. …
Tariff Tensions, USDA Demand Doubts Add Pressure to Grain Markets
As global trade tensions escalate and domestic policy deadlines loom, grain markets are feeling the pressure. Beyond the latest USDA crop production numbers, key questions remain about how the agency will handle world demand estimates, especially amid ongoing tariff battles. “Beyond the crop production numbers, there remains a lot of questions regarding how USDA will handle world demand estimates, with …
U.S.-Japan Trade Agreement Maintains Key Access for U.S. Red Meat Exports
Following last week’s high-level Japanese tariff negotiations in Washington, D.C., a new chapter in the U.S.-Japan trade and investment agreement is taking shape—one that promises ongoing stability for U.S. red meat exports. According to U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom, the finalized deal is a critical step in preserving long-term market access in one of the …
White House Warned of Fertilizer Crisis Impacting U.S. Farmers
The National Corn Growers Association (NCGA) has issued a stark warning to the White House, highlighting the growing economic crisis facing corn producers across the country. In a formal letter, the NCGA detailed how rising fertilizer prices, compounded by low corn prices and trade uncertainty, are creating a dangerous situation for rural America. The letter states: “Unfortunately, the combination of …
Cattle Industry Reaction to USTR 301 Investigation of Brazil
The Office of the U.S. Trade Representative (USTR) has initiated a Section 301 investigation into Brazil’s unfair trade practices, with a sharp focus on agricultural products—especially beef. Southeast AgNet’s Dale Sandlin sat down with Kent Backus, Executive Director of Government Affairs at the National Cattlemen’s Beef Association (NCBA), to discuss the implications for the U.S. cattle industry and the broader …
Trump Administration Releases Info on Latest Trade Agreements
U.S. Advances Trade Relations with Europe, Japan, and Indonesia The Trump administration recently unveiled several international trade agreements, featuring notable developments for the U.S. agricultural sector. These deals—finalized with the European Union, Japan, and Indonesia—aim to bolster American exports, reduce trade deficits, and eliminate long-standing tariff and non-tariff barriers. Each agreement is strategically designed to create expanded market access for …
Breaking Down Trade Deal Implications on Livestock Sector
As global trade negotiations intensify, recent developments have stirred optimism across the U.S. livestock industry. Kent Backus, Executive Director of Government Affairs at the National Cattlemen’s Beef Association (NCBA), shared insights into how emerging trade deals and impending tariff deadlines could reshape market access for American beef producers. Rising Pressure Ahead of August 1 Tariff Deadline According to Backus, a …
Deeper Dive on Australia Opening Market to US Beef
A Long-Awaited Breakthrough for American Beef Producers Following last week’s landmark announcement that Australia will finally open its market to U.S. beef imports, Kent Bacus, Executive Director of Government Affairs at the National Cattlemen’s Beef Association (NCBA), offered key insights into the development. This decision marks the resolution of a trade issue that has lingered for two decades, despite a …
NCBA Calls Opening of Australian Market to US Beef a Win for Cattle Producers
Australia Reopens Market to U.S. Beef After 20-Year Ban The National Cattlemen’s Beef Association (NCBA) is celebrating a major victory for American cattle producers following the reopening of the Australian market to U.S. beef exports. For the first time in two decades, Australia will allow imports of both fresh and frozen beef from the United States, marking a significant shift …